Business Insurance
Businesses and individuals face growing risks from social engineering attacks. These schemes exploit human psychology rather than technological vulnerabilities, manipulating people into divulging sensitive information or performing unauthorized actions. For business owners, and individuals alike, understanding how to prevent social engineering attacks is crucial to safeguarding financial and operational security. This article explores practical strategies…
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Social engineering fraud is a pressing issue that impacts businesses, individuals, and industries on a global scale. Fraudsters use deception and manipulation to exploit human vulnerabilities, often resulting in significant financial losses. Social Engineering Fraud Insurance (SEFI) has emerged as a critical tool for mitigating these risks, providing a safety net against the ever-evolving threat…
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In today’s world, businesses face evolving risks, including financial fraud schemes that target human error rather than technical systems. One of the most common and damaging forms of these schemes is social engineering fraud. This article breaks down what social engineering fraud is, its impact on businesses, and the role of Social Engineering Fraud Insurance…
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Why It’s Critical to Protect You and Your Business In the bustling business environment of New York, staying ahead of risks and challenges is essential for maintaining a successful enterprise. One significant risk area that often requires more attention is employment practices. Employment Practices Liability Insurance (EPLI) offers crucial protection against various employee-related claims, ensuring…
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Why It’s Critical to Protect You and Your Business Staying ahead of risks and challenges is essential for maintaining a successful enterprise. One significant risk area that often requires more attention is employment practices. Employment Practices Liability Insurance (EPLI) offers crucial protection against various employee-related claims, ensuring your business can navigate the complexities of modern…
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The recent collapse of the Francis Scott Key Bridge in Baltimore has sent shockwaves through the local and regional business communities, presenting unforeseen challenges and prompting a reevaluation of risk and recovery strategies. As we delve into the repercussions of this disaster, it’s crucial for business owners to understand the broader impacts on infrastructure, supply…
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Why and how can this disaster affect your business operations and costs to do with risk management? The recent Baltimore Bridge collapse has had a profound impact on various industries, emphasizing the critical need for robust Ocean Cargo and Stock Throughput insurance strategies. This disaster highlights the vulnerabilities in our infrastructure and logistics networks, affecting…
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If your business is faced with a temporary closure or interruption of operations, does your insurance policy provide coverage? Chances are, it doesn’t. Business interruption (BI) insurance is a specialized add-on policy that covers the financial losses a company experiences due to an unexpected event. Read on to learn more about BI insurance and how…
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Multi-factor authentication (MFA) is a security process that requires users to respond to requests to verify their identities before they can access networks or other online applications. MFA may use knowledge, possession of physical objects, or geographic or network locations to confirm identity. Why is multi-factor authentication needed? As organizations digitize operations and take on…
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Concern for cybercrime has increased 62% in the past year. Over 41,600 incidents and 2,013 confirmed data breaches were investigated by Verizon and its partners in the past year. The numbers paint a dark picture of the growing threat to businesses of all sizes – concern for cybercrime has increased 62 percent in the past…
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